Investors Are All in for Allstate

The insurance giant rose after a positive review from Barron's.

SHARES OF ALLSTATE (ticker: ALL) were up 1.5% in midday trading Monday, after a Barron's article wrote that despite a recent share-price rise, the insurance giant remains cheap.

In "Allstate's Shares Deserve a Better Premium," Barron's Senior Editor Jonathan Laing wrote that Allstate has suffered greatly because of the credit crisis. However, the company has made a successful return to its core business of writing home and...